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KenkeFX

Operating status: SCAM

Website: https://kenkefx.com/

Broker violations and abnormal records
  • Aug 15, 2021 BrokersView has reviewed that KENKEFX is an unregulated forex broker
    KENKEFX claims to be a brand name of Kenke Capital Global Limited, a wholly-owned global company registered in the UK. However, it is not regulated by the Financial Conduct Authority (FCA), since BrokersView didn't find any information about its regulation from FCA. It also claims to be authorized and managed by the US Financial Enforcement Bureau MSB and registered as a member of the US National Futures Association (NFA). In practice, however, it is NFA rather than MSB that approves licenses for brokers and regulates forex in the US. And despite the broker's claims, it is not regulated by NFA as it is not a member of NFA. In short, KENKEFX is not regulated or not overseen by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
    KENKEFX claims to be a brand name of Kenke Capital Global Limited, a wholly-owned global company registered in the UK. However, it is not regulated by the Financial Conduct Authority (FCA), since BrokersView didn't find any information about its regulation from FCA. It also claims to be authorized and managed by the US Financial Enforcement Bureau MSB and registered as a member of the US National Futures Association (NFA). In practice, however, it is NFA rather than MSB that approves licenses for brokers and regulates forex in the US. And despite the broker's claims, it is not regulated by NFA as it is not a member of NFA. In short, KENKEFX is not regulated or not overseen by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
  • Mar 20, 2022 BrokersView has found that KenkeFX is not working

    BrokersView found the domain https://kenkefx.com/  is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain https://kenkefx.com/ is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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